Land For Cell Towers

Hi,

Is there a common practice amoung communication companies as to how they aquire land for Cell Towers? Do companies rent/lease or buy land when building a new tower?

Thanks

Comments(3)

  • TommM26th July, 2005

    Quote:
    On 2005-07-26 22:29, commercialking wrote:
    Well, while we are on the subject. Anybody got any idea how to find cellphone companies looking for locations.

    That was my next question.

  • BMize27th July, 2005

    With my past experience at various banks as a commercial loan officer, I found myself approving sub-lease transactions and non-disturbance agreements for the cell towers that were being placed on the roof tops of many of the commercial properties my banks financed. There is a company out of Frederick, MD that installs and manages all of the cell towers for Verizon and Nextell, I believe...but, I cannot recall the name.

    Anyway, they usually know where they need additional coverage and have a plan in place to locate by contacting the local property owners.

    Here is a url just off a yahoo search that allows you to basically register as a landowner : http://www.rfcomsites.com/?source=goto&term=cell_tower

  • Eric527th July, 2005

    Agreed

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